CFTC’s Chilton references Etta James as he announces planned departure

Bart Chilton has always been one of the more outgoing commissioners at the Commodity Futures Trading Commission. So it’s no surprise he announced his impending departure in a slightly unbureaucratic way.

At a commission meeting, he said there were two reasons he was reminded of the Etta James song “At Last”. Read the full speech here.

“The first reason is that, at last, we are considering what I believe to be the signal rule of my tenure here at the Commission; I’ve been working on speculative position limits since 2008,” he said.

“The second reason today is noteworthy is that this will be my last Dodd-Frank meeting. Early this morning, I sent a letter to the President expressing my intent to leave the Agency in the near future. I’ve waited until now—today—to get this proposed rule out the door, and now—at last—with the process coming nearly full circle, I can leave. It’s with incredible excitement and enthusiasm that I look forward to being able to move on to other endeavors.”